Georgia Senate results have pretty much ensured a new round of stimulus money as well as a fresh infrastructure package. Stocks had a massive 4Q, with the S&P 500 jumping 11.7 percent. This helped push the price-to-sales ratio further into … Continued
There are some signs US consumers are beginning to save up a little and cut down on credit card debt. If – big IF – sustained, this will have consequences for the economy, not to mention stocks. In general, a … Continued
Retail sales up three months in a row, following three straight declines PCE, which includes services, probably better gauge of consumer behavior How consumer spending fares depends on consumers’ willingness to lever up Once every month, U.S. markets await with … Continued
Tremendous growth in student and auto loans (non-revolving) over the years First back-to-back drop in revolving consumer credit in February since June-July 12 Consumers holding back, even as they are saving more – not enough juice for U.S. economy The … Continued
Heard yesterday on Bloomberg Radio that U.S. consumption of boats and RVs is through the roof; RV sales are back to pre-Great Recession days, even as sales of boats are below that watermark but remain very healthy. These items tend … Continued